Start Date
11-12-2016 12:00 AM
Description
Successful business model innovation is impossible without innovative business model ideas. When generating such ideas, humans make use of two properties of the human cognitive system: First, their ability to build up knowledge (i.e., raw material for new ideas), and second, their ability to flexibly recombine that knowledge. While these properties enable humans to generate innovative ideas, the amounts of knowledge and cognitive flexibility that humans can possess are limited, which in turn limits human idea generation capability. With business model idea generators, a new class of information systems is proposed that can contribute to alleviating the limits that constrain human idea generation. The ideas that such idea generators produce can complement human business model ideas, thereby increase the probability for high-quality ideas, and eventually raise the odds of successful business model innovation. The contribution is a design theory that describes the architecture of the proposed idea generators.
Recommended Citation
John, Thomas, "Supporting Business Model Idea Generation Through Machine-generated Ideas: A Design Theory" (2016). ICIS 2016 Proceedings. 5.
https://aisel.aisnet.org/icis2016/DigitalInnovation/Presentations/5
Supporting Business Model Idea Generation Through Machine-generated Ideas: A Design Theory
Successful business model innovation is impossible without innovative business model ideas. When generating such ideas, humans make use of two properties of the human cognitive system: First, their ability to build up knowledge (i.e., raw material for new ideas), and second, their ability to flexibly recombine that knowledge. While these properties enable humans to generate innovative ideas, the amounts of knowledge and cognitive flexibility that humans can possess are limited, which in turn limits human idea generation capability. With business model idea generators, a new class of information systems is proposed that can contribute to alleviating the limits that constrain human idea generation. The ideas that such idea generators produce can complement human business model ideas, thereby increase the probability for high-quality ideas, and eventually raise the odds of successful business model innovation. The contribution is a design theory that describes the architecture of the proposed idea generators.